Altcoins Ready to Rally? Analysts Foresee Explosive End to Crypto Bull Run
Forget the doomscroll—altcoins might be gearing up for one last moonshot. Market watchers are whispering about a ’final surge’ as Bitcoin dominance wobbles and ETH/BTC ratios hint at rotation.
The setup:
Liquidity’s flooding back into mid-caps, with Solana and Avalanche leading the charge. Retail FOMO hasn’t even peaked yet—just wait until Wall Street ’discovers’ DeFi again after their summer yachting break.
The catch:
Every analyst remembers 2021’s ’altseason’ that vaporized portfolios faster than a meme coin rug pull. This time? Maybe different. Maybe not. (Cue the usual hedge fund types now ’long-term bullish’ after dumping their bags.)
One thing’s clear: if this cycle follows the script, the finale won’t be boring—just don’t bet the yacht.
Not Time to Lose Hope
In previous cycles, BTC rallies were preceded by a steady decrease in the proportion of mid-to-long-term holding volumes. With new capital flowing into the market at the time, altcoins eventually surged towards the end of those cycles. However, the opposite has been the case this time; mid-to-long-term holding volumes have surged each time BTC rallies to new highs.
According to pseudonymous analyst Crypto Dan, the price movement of altcoins in this cycle has tallied with that of BTC. bitcoin has constantly faced corrections after small gains in this cycle, and during those dips, altcoins have also suffered significant declines, indicating overall weakness.
The current bull cycle is nearing its final stages, and at this phase, it is almost impossible for investors to make profits with altcoins. However, since altcoin rallies have corresponded with BTC surges, Dan insists there is still hope.
When Altseason?
Bitcoin is yet to experience its final leg for this cycle, which means the asset’s dominance is likely to decrease. If the market plays out as Dan predicts, then altcoins may experience higher rallies than seen in previous patterns when bitcoin’s dominance plummets, marking the end of the cycle. Hence, all indicators point to bitcoin’s next upward move, which could occur at any moment from now.
“It’s not time to abandon hope just yet. Since we’re already in the latter half of the cycle, it’s worth waiting for Bitcoin’s next upward move,” Dan stated.
It is worth mentioning that Dan is not the only analyst who believes altcoins still stand a chance. CryptoPotato reported that many other traders and analysts believe this altseason will be epic, making the rally seen in 2021 seem tiny.
However, some have warned that not all tokens will go up during the altcoin season. Only a few chosen assets will record significant gains as they attract new liquidity.
